The Resotre plc directors declare an interim dividend of 2.6p per share (H1 2025: 2.2p). The estimated dividend to be paid is £3.6m (H1 2025: £3.0m) and will be paid on 21 October 2026 to shareholders on the register on 25 September 2026.
Other financial highlights include:
Group revenue up 21% to £175.4m, driven by both organic and inorganic growth in broadly equal proportions.
Adjusted operating profit increased 19% to £29.9m (H1 2025: £25.2m), with adjusted operating margin up 50bps to 20.1% (H1 2025: 19.6%).
Adjusted PBT up 23% to £22.3m (H1 2025: £18.1m) and adjusted basic EPS up 24% to 12.4p (H1 2025: 10.0p).
Statutory profit before tax and basic EPS continue to be impacted by the accounting treatment of acquisition related costs, primarily relating to the Synertec earn-out recognised as remuneration over the earn-out period.
Free cashflow of £21.3m (H1 2025: £20.6m), with strong cash conversion of 95% (H1 2025: 109%), enabling continued organic and inorganic investment and return of surplus capital.
Leverage decreased to 1.7x (30 June 2025: 1.9x) within their target leverage range of 1.5x - 2.0x and reflecting strong cash flow, H1 acquisitions and £20m share buyback programme.
